Lee’s Summit Duplex Package

Lutz Sales + Investments is pleased to present this exclusive Lee’s Summit multifamily package, on the market for the first time in over 25 years. Priced at $4.85M, this rare opportunity consists of 15 contiguous duplexes (30 units total) in one of Kansas City’s strongest suburban markets.

This offering has tremendous upside potential. Investors can pursue multiple exit strategies including holding long term to capture steady cash flow and natural appreciation, renovating slowly over time to push rents to their highest levels, or repositioning and exiting as either a full package or by selling off individual duplexes to owner-occupants or single-investor buyers. The potential here is truly unlimited with many strategic options. All 15 duplexes are contiguous, identical, and feature spacious three-bedroom, 1.5-bathroom floor plans, maximizing economies of scale on insurance and operating expenses. Ownership also allows investors to capitalize on 100% bonus depreciation in 2025 and the significant tax advantages that come with real estate investing. This package qualifies for 1031 exchanges and is eligible for both local and agency debt, offering flexibility in financing.

Lee’s Summit itself is one of the most desirable submarkets in the Kansas City metro. Known for its high household incomes, top-rated schools, and family-friendly reputation, the city consistently draws strong tenant demand. The property sits just minutes from Downtown Lee’s Summit, as well as premier shopping districts like Summit Fair and Summit Woods Crossing, home to nationally recognized retailers and dining. This rare package combines prime location, proven demand, and multiple investment paths—an exceptional offering in a top-performing market.

Why we love it: Renovating remaining units to achieve market rents of $1695 per unit.

The Challenge: Strong tenant demand and A-class location ensures steady income and appreciation.

The Value-add Play: Some units remain un-remodeled, offering potential but requiring investment.